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20121201
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, michigan, a republican caller. go ahead, frank. caller: yes. look, first of all, we need to find out like exactly who is mentally ill and who's not mentally ill and the rimets need to be like finish if someone lives in a house who is mentally ill, obviously, we cannot have weapons of any kind within their range. that's what the law should be. the law shouldn't be we shouldn't just outlaw all weapons we should just outlaw anyone who is obviously with mental issues. the guy who in virginia tech, he had a depression issue. he went to a doctor and still somehow got his hands on two .9 millimeter weapons and you can't tell me that the guy in colorado didn't have mental issue. you can just look at the guy and know that there's something wrong there. we just with to keep the weapons like out of the household or how far range for these people who have mental health. host: frank, the questions that you pose, who are the mentally ill, we will ask those types of questions tomorrow on "washington journal." we're going to have a roundtable discussion with a republican and a democrat who co chair the m
michigan. caller: my heart really bleeds for the former who owns a multimillion-dollar estate and is wary about his one cowboy that he employs. i think that is what is wrong with this system. it is greed. host: "the new york times" is reporting this morning possibly republicans considering extending tax cuts for middle class americans. "the new york times" is reporting this -- host: any fallback plan from republicans does not include a plan for the estate tax. guest: there is no easy solution to what is happening right now. the senate passed their tax bill over the summer. it was going to include an estate tax extension, as well. $3.5 million exemption. it was not put into the bill. the bill will do with a lot of things that are expiring but the estate tax will be left where was. that will be hanging out there. congress cannot let it hang out there for long. it shouldn't be at the level it was in 2001. it shows you how many things are hanging out there. even if fallback plan -- host: back to the capital gains tax on twitter. what does he mean by capital formation? guest: you want to encou
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